Helen Dickinson, Chief Executive of the British Retail Consortium, for comments on for many businesses, 2022 is proving to be every bit as challenging as the pandemic.
Consumer confidence has hit new lows as inflation soared past 10% and talk of a recession has grown. The Bank of England expects inflation to reach over 13% in October when energy bills rise again, further limiting discretionary spending for struggling households. For many businesses, 2022 is proving to be every bit as challenging as the pandemic.
Rising sales mask falling volumes
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